Zillow Estimates 4.3% Decline in Home Prices

Standard & Poor’s is likely to report a 4.3% decline in June home prices year-over-year and a 1.2% increase from the previous month when it releases its June Case-Shiller Home Price Indices next Tues.

Palm Coast, FL – August 27, 2011


Standard & Poor’s is likely to report a 4.3% decline in June home prices year-over-year and a 1.2% increase from the previous month when it releases its June Case-Shiller Home Price Indices study next Tuesday, Zillow said Friday.
 
Zillow, an online real estate marketplace, released its forecast of the S&P Case-Shiller results on Friday, saying the S&P 10-City Composite Home Price Index for June could drop as much as 3.5% year-over-year while still increasing 1.2% from May.
 
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1 reply
  1. John Boy
    John Boy says:

    Zillow

    IMHO, Zilllow is a peice of crap. It doesn’t even figure in waterfront value or a glof course lot. This web Base sight simply takes error prone information and extrapulates into value. Trash like this should be shut down as it does a dis-service to an industry (real estate) that already proovides questionable service, value, and honesty.

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